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Bandhan Midcap Fund - Direct Plan

Mid Cap Fund - An open ended equity scheme predominantly investing in mid cap stocks

EquityInception Date:18/08/2022
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What are Mid Cap Funds?

Midcap funds or Mid Cap Equity Funds are a type of mutual fund scheme which invest in equity and equity-related securities of mid cap companies. Mid cap companies are identified on the basis of market capitalization. Those companies ranked between 101 and 250 are categorised as mid cap companies.

Midcap mutual funds are in the middle ground between small cap and large cap funds, consequently, they offer certain advantages and disadvantages. Midcap mutual funds offer a relative balance of risk and return and are preferable for wealth creation over the long-term.

What is the difference between small cap and mid cap funds?

Risk: Small cap funds have a higher risk-return potential than mid cap funds. Midcap equity funds may be relatively less volatile and thus, less risky, than small cap funds.

Liquidity: Mid cap funds have moderate liquidity whereas small cap funds may comparatively have less liquidity.

Growth: Midcap mutual funds have a moderate growth potential. Small cap funds have a relatively higher growth potential.

What is the difference between large cap and midcap mutual funds?

Risk: Large cap funds are potentially less risky than mid cap funds. Mid cap funds may be more volatile than large cap funds.

Liquidity: Large cap funds offer relatively more liquidity than mid cap equity funds.

Returns: Mid cap funds may have the potential to offer relatively high returns. Large cap funds are low risk-return investments.

Growth: Mid cap funds have a relatively higher growth potential

  • Min Investment 1,000
  • Min SIP Amount 100
  • Exit Load

    a) If redeemed/switched out within 1 year from the date of allotment: 1% of applicable NAV
    b) If redeemed / switched out after 1 year from date of allotment: Nil. 

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Annualised Returns(as on 31st May, 2024)45.20%1yrN.A.3yrN.A.5yr
NAV 16.7180 as on 21/06/20241 Day Change: -0.06(-0.35%)

Scheme is suitable for a minimum investment horizon of more than 5 years

Tier 1 Benchmark : S&P BSE 150 Midcap IndexAlternate Benchmark : Nifty 50 TRI

Performance as on 31st May 2024

Scheme NamesCAGR Returns (%)Current value of Investment of 10,000
1 year3 year5 year10 year18/08/2022 Since inception1 year3 year5 year10 year18/08/2022 Since inception
Bandhan Midcap Fund - Regular Plan - Growth45.20N.A.N.A.N.A.27.0614,535N.A.N.A.N.A.15,339
53.0125.0325.0319.8431.1415,31919,55730,59661,23516,231
22.9514.4414.9313.4214.6712,30214,99120,07235,26912,769
^ Tier 1 Benchmark   |   ^^ Alternate Benchmark   |   ^^^ Tier 2 Benchmark

This fund is managed by Ms. Ritu Modi (w.e.f 16/11/2022) & Mr. Harsh Bhatia (w.e.f 26/02/2024)

View fund performance of other funds managed by Ms. Ritu Modi, Mr. Harsh Bhatia

Past performance may or may not be sustained in future.
Regular and Direct Plans have different expense structure. Direct Plan shall have a lower expense ratio excluding distribution expenses, commission expenses etc.

Taxation:

For taxation, please refer the link :  https://bit.ly/3spfzbo

Bandhan Midcap Fund

(Scheme Risk-o-meter)

Investors understand that their principal will be at Very High Risk.

S&P BSE 150 Midcap Index

(Tier 1 Benchmark Risk-o-meter)

This product is suitable for investors who are seeking* :

  • To create wealth over a long term.
  • Investment in a portfolio of equity and equity related securities of mid cap companies

Who should Invest in Midcap Mutual Funds?

Mid cap funds are likely to have higher risk than large cap funds but lower than small cap funds. They are thus suitable for investors with a moderate level of risk-tolerance.

Mid cap mutual funds may potentially give higher returns in the long-term. Consequently, they are suitable for investors looking to create wealth in the long-term. Moreover, mid cap funds are suitable for investors seeking investments in equity and equity-related securities of midcap companies.

FAQs on Midcap Funds

What are mid cap funds?

Mid cap funds are an investment scheme which invest in equity and equity-related securities of mid cap companies. Market capitalization is used to identify companies as mid cap. Mid cap companies are ranked between 101 and 250.

How risky is a midcap fund?

Mid cap funds have a moderate level of risk associated with them. They are potentially less risky than small cap funds, but more risky than large cap funds.

Is midcap good for the long term?

Midcap mutual funds are suitable for long-term wealth creation. Staying invested in mid cap funds for the long-term may potentially rule out the effects of short-term volatility and thus increase the likelihood of getting potentially higher returns.

What is the difference between small cap and mid cap?

Small cap funds invest in equity and equity-related securities of small cap companies. They may have a higher risk associated, but they also have a greater likelihood of growth. Small cap funds are more volatile and less liquid. Mid cap funds invest in mid cap companies. They are likely to have moderate risk and returns. They have moderate liquidity and volatility.

Mid cap vs small cap: what is the difference?

Mid cap funds have relatively moderate risk associated to them compared to small cap funds whereas, small cap funds may usually be high risk-return investment options. Both the funds are ideal for mid to long-term wealth creation. Thus, investors with a moderate appetite for risk may opt for mid cap funds, whereas investors who are not risk-aversive and are looking for funds with a higher growth potential may choose to invest in small cap funds.

What is a large cap and mid cap in SIP?

SIP is a method of investing in funds. In SIP, fixed amounts of money are invested in a fund on a monthly, quarterly or even yearly basis. You can invest in mid cap and large cap funds via SIP. Mid cap funds invest in mid cap companies and large cap funds invest in large cap companies.

What are midcap companies?

Mid cap companies are identified by their market capitalization rank. Mid cap companies rank between 101 and 250.

What are midcap equity funds?

Mid cap equity funds are investment schemes which invest in stocks of mid cap companies. Mid cap companies are determined by their market capitalisation and rank between 101 and 250.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.